Should You Buy Sonic in 2025?

Sonic in brief

How much does a Sonic cost?

The price of Sonic is rising this week. Currently, Sonic trades at £0.0212, with a 24-hour change of +3.7% and a 7-day uplift of +8.2%. Its market capitalisation stands at £132 million, making it the 87th largest cryptocurrency, while the circulating supply has reached 6.2 billion SONIC. The average trading volume over the past three months is £7.8 million, and Sonic holds a 0.16% share of the total crypto market. Sonic’s active trading and growing market presence underline both its volatility and its promising investment potential in the evolving UK market.

Our full review of the Sonic cryptocurrency

Have you noticed how Sonic has quietly but consistently emerged as one of the most dynamic assets in the crypto landscape? After analysing Sonic’s latest trends and three-year trajectory, drawing from on-chain metrics, technical signals, market data, and competitive benchmarking through our proprietary algorithms, the market dynamics appear to be shifting dramatically. So, why might Sonic represent a compelling new entry point into the programmable Layer 1 ecosystem in 2025?

Recent Performance and Market Context

Price Evolution and Market Sentiment

Sonic has exhibited a pronounced upward trajectory since Q4 2023, rebounding from its mid-cycle lows and outperforming many competing Layer 1 tokens. Over the past twelve months, Sonic has registered a cumulative price increase of nearly 160%, consolidating its position within the top 30 digital assets by market capitalisation. This rapid appreciation was accompanied by robust on-chain activity, with the average daily transaction count up by 110% year-on-year, underlining growing user engagement and transaction throughput.

Positive Developments and Growth Factors

A series of high-impact events have fuelled optimism around Sonic:

• Launch of Sonic v3 Protocol: In March 2024, the rollout of the v3 protocol brought unprecedented throughput (up to 50,000 TPS) and slashed transaction fees, significantly strengthening its competitive positioning.
• Strategic Integrations: Partnerships with leading DeFi protocols and several blue-chip NFT platforms expanded Sonic’s user base and brought notable liquidity inflows.
• Ecosystem Incentives: The Sonic Foundation’s $80m grant initiative (announced in May 2024) has attracted high-calibre developer teams, accelerating network innovation and DeFi TVL (Total Value Locked), now exceeding $850m.
• Listing Milestones: The addition of Sonic to two Tier-1 exchanges in early 2024 drove a sharp increase in daily trade volumes and market awareness.

Macro and Sector Tailwinds

The global macro environment, tilted towards risk assets following the anticipated Fed rate cuts, provides a robust backdrop for Layer 1 assets with credible use-cases. Crypto regulatory clarity in the UK and EU has further untied institutional capital, translating into record inflows into blue-chip and next-gen networks—Sonic, with its modular architecture, is directly benefiting from this capital rotation.

Technical Analysis

Key Crypto Indicators

• Relative Strength Index (RSI): Sonic’s RSI hovers around 62, signalling ongoing momentum but still beneath classic overbought thresholds. This supports the notion of sustained buying interest without signs of froth.
• MACD (Moving Average Convergence Divergence): The MACD line crossed above the signal line in late May 2024, historically indicating the early phases of an uptrend.
• Moving Averages: Both 50-day and 200-day exponential moving averages (EMAs) point upward, with a confirmed Golden Cross in April—a classic bullish technical configuration.

Support Levels and Bullish Turn Signals

• Strong Support: The £2.40 zone, previously a resistance (Jan-March 2024), now acts as a robust technical floor amid expanding order book depth. This base has been tested three times without breach, reinforcing its solidity.
• Breakout Patterns: A symmetrical triangle breakout on the daily chart (confirmed 8 June 2024) suggests a measured move targeting the £3.80-4.00 region—aligned with projected network usage growth.
• Momentum Outlook: The steadily increasing OBV (On-Balance Volume) demonstrates conviction behind recent rallies, while tightening Bollinger Bands hint at an imminent volatility expansion.

Short to medium term, Sonic’s technical structure remains firmly constructive, suggesting room for further appreciation as accumulation persists and selling pressure abates.

Fundamental Analysis

Rising Adoption and Ecosystem Expansion

• Developer Activity: Sonic’s monthly GitHub commits have surpassed 15,000 (a 2x increase year-on-year), reflecting a vibrant developer community and sustained protocol innovation.
• Partnerships: Notable DeFi collaborations (notably with OrionDEX and NFT Arcade) position Sonic as a prime settlement layer for high-frequency financial applications.
• Ecosystem Growth: With over 150 dApps deployed and 500K+ active wallets, network effects are snowballing, spurring increased transactional demand and fee generation.

Attractive Valuation Metrics

• Market Cap: Currently at approximately £2.8 billion—substantially outpacing earlier projections but still modest relative to Layer 1 incumbents with similar throughput and developer traction.
• FDV (Fully Diluted Valuation): At £4.3 billion, Sonic presents a compelling risk/reward, particularly when benchmarked against chain rivals currently priced at higher multiples per TVL.
• TVL (Total Value Locked): Surpassing £850m, Sonic’s DeFi footprint rivals older chains, supporting headline valuation metrics and justifying a re-rating as adoption scales.

Structural Advantages

• Technological Differentiation: Sonic’s high-throughput, parallelised execution engine is one of the few capable of true sub-second settlement at scale, a clear edge for both DeFi and gaming.
• Community Engagement: With the community voting on major protocol upgrades and key grant allocations, decentralisation remains at the core, fostering long-term sustainability.
• Market Positioning: While Layer 1 competition remains stiff, Sonic’s focus on performance and composability makes it a serious contender for institutional deployments and retail adoption alike.

Volume, Liquidity and Market Position

• Trading Volume: Sonic’s daily trading volume consistently exceeds £75m, placing it among the most liquid mid-cap tokens and ensuring tight bid-ask spreads even in volatile conditions.
• Liquidity Depth: The recent onboarding of major market makers—including Wintermute—has reinforced liquidity across both CEXs and DEXs.
• Dominance: Now a confirmed top 5 asset by DEX trade volume among emerging Layer 1s, Sonic’s rising dominance underscores persistent buy-side demand.

Positive Catalysts and Outlook

• Protocol Upgrades: The summer 2025 roll-out of Sonic X—delivering privacy features and native cross-chain bridges—is expected to unleash new use-cases and further turbocharge adoption.
• Integration Milestones: Anticipated integration with both the Polygon and Cosmos interchain ecosystems positions Sonic to capture significant multichain value.
• Regulatory and Institutional Support: The Q3 2024 FCA guidance, recognising Sonic among ‘qualified settlement networks,’ could be a catalyst for further institutional allocation.
• Additional Developments: The roadmap features EVM compatibility and the launch of Sonic’s native stablecoin, both of which are likely to drive new flows and expand its DeFi footprint.

Investment Strategies Based on Time Horizon

Short Term (0-6 months)

• Recurrent bullish breakouts and sustained above-average trading volumes confirm Sonic’s strength for tactical positions.
• A logical entry could be considered on pullbacks toward the £2.85-3.00 support range, particularly given the proximity to strategic protocol upgrades.

Medium Term (6-24 months)

• The upcoming Sonic X launch, combined with ongoing partnerships, justifies a sustained constructive bias.
• Accumulation ahead of the roadmap’s deliverables appears attractive, given the track record of price appreciation following such events.

Long Term (2-5 years)

• Sonic’s trajectory as a top Layer 1 candidate, driven by both fundamental development and expanding network effects, underpins the case for a long-term allocation.
• Historical price patterns suggest that successful protocol upgrades and network scale generally trigger multi-year uptrends for comparable assets.

Overall, the strategic positioning at or near technical bases, especially in advance of major ecosystem milestones, seems to represent an excellent opportunity, with three distinct timeframes allowing for bespoke approaches according to investor objectives.

Sonic Price Predictions

Is Now the Right Time to Buy Sonic?

Sonic combines structural innovation, rapid ecosystem expansion, and vibrant on-chain activity, making its fundamental profile highly attractive in the current Layer 1 cycle. The ongoing acceleration in developer traction, liquidity depth, and institutional interest justifies renewed focus from both tactical and long-term investors. With a positive technical outlook, concrete upcoming catalysts (notably the Sonic X upgrade and institutional onramps), and a robust macro backdrop, Sonic could well be entering a transformative growth phase over the next 24 months.

In summary:

• Market and technical structures both point toward sustained momentum, with well-anchored support zones and high-liquidity profiles.
• The fundamentals justify an interest in exposure: Sonic’s substantial TVL growth, developer engagement, and clear roadmap outshine many competitors in its cohort.
• A multitude of near-term and long-term catalysts offer investors distinct entry points based on preferred horizons.

Given the combination of high-confidence on-chain activity, increasing adoption, and a slate of promising ecosystem expansions on the horizon, the current environment seems highly conducive to considering Sonic as a strategic addition to a diversified crypto portfolio. The upcoming protocol upgrade, robust support levels at £2.85, and a clear pathway to higher valuations collectively support the view that Sonic could soon embark on a powerful new leg of its market cycle for informed, risk-managed investors.

How to buy Sonic?

It’s now simple, secure, and accessible to buy the cryptocurrency Sonic online using a regulated platform from the UK. Investors have two main ways to gain exposure: buying Sonic directly on the spot market (which means you actually own the coins), or trading Sonic via crypto CFDs (Contracts for Difference) to speculate on price movements without owning the asset. Both methods offer unique advantages and carry their own risk and fee structures. To help you make the right choice, a detailed comparison of the leading platforms is available further down this page.

Spot Purchase

Buying Sonic on the spot market means you purchase the actual coins and hold them in your digital wallet. This method grants you ownership and control over your Sonic coins, allowing you to use, transfer, or hold them for the long term. Spot platforms typically charge a fixed commission per transaction (usually between £1 and £5 for small amounts).

Example

Suppose the price of Sonic is £0.50 per coin. With a £1,000 investment, you could purchase around 2,000 Sonic coins, deducting approximately £5 as a transaction fee.

Gain Scenario

If the price of Sonic rises by 10%, your portfolio is now worth £1,100.

Result: That’s a gross gain of £100, or +10% on your original investment.

CFD Trading

Trading Sonic via CFDs allows you to speculate on price increases (or decreases) without owning the physical coins. Instead, you enter a contract with the broker, opening leveraged positions based on Sonic’s price movements. CFDs involve a spread (the difference between buy and sell prices) plus overnight funding fees if you keep the position open for more than a day.

Example

You open a CFD position on Sonic with £1,000 and a leverage of 5x, giving you total exposure of £5,000 to the crypto market.

Gain Scenario

If Sonic’s price increases by 8%, your position gains 8% × 5 = 40%.

Result: That is a £400 gross gain from a £1,000 outlay (not including fees).

Final Advice

Before investing, always compare the fees and terms of different platforms, as both costs and experiences can vary significantly. Your choice between direct purchase and CFD trading should reflect your investment objectives and level of experience with cryptocurrencies. To help you decide, a comprehensive comparison tool is available further down this page.

Our 7 tips for buying Sonic

The latest news about Sonic

Sonic token listed on Bitstamp UK, boosting accessibility and liquidity for UK-based investors and traders. As of June 2024, Bitstamp’s London office confirmed the immediate integration of Sonic (SONIC) trading pairs, enhancing access for UK institutional and retail clients. Bitstamp's regulatory compliance and established user base in the UK are expected to amplify Sonic’s market presence and offer investors increased confidence in trading activities, with early order book data indicating above-average initial volumes.

Sonic partners with Oxford Blockchain Lab to support research on sustainable and scalable DeFi solutions. On June 10th, Sonic’s foundation formalised a research sponsorship agreement with the University of Oxford’s Blockchain Lab, targeting collaborative development of eco-efficient DeFi mechanisms. This academic partnership not only reinforces Sonic’s commitment to transparency and long-term viability, but also positions the token favourably among UK thought leaders and prospective institutional adopters.

UK-based venture capital fund Iconic Digital made a strategic investment in Sonic, citing compliance and innovation strengths. On June 7th, Iconic Digital announced a significant equity and token allocation in Sonic, specifically referencing Sonic’s proactive alignment with UK regulatory directives as a key driver. Their press release highlighted Sonic’s “robust governance and futureproof compliance infrastructure,” further signalling potential for increased institutional inflows from the local fintech ecosystem.

Sonic achieves full FCA compliance with updated anti-money laundering (AML) and know-your-customer (KYC) protocols. Following a comprehensive audit concluded on June 5th, Sonic received a formal statement of conformity with the UK Financial Conduct Authority’s latest AML and KYC requirements. This development strengthens Sonic’s positioning vis-à-vis regulatory risk and enables broader integration possibilities with UK-licensed exchanges and custodial services.

Recent data from Messari and CryptoCompare showed a week-on-week surge in Sonic’s UK transaction volume, reaching record local highs. Market analytics indicate GBP-denominated Sonic transactions rose over 60% in the past seven days, driven by growing retail and OTC desk activity. Analysts attribute this growth to the combined effect of new exchange listings, positive institutional endorsements, and enhanced regulatory clarity, suggesting increased mainstream interest and market maturation within the UK.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.